Tim Smeeding

Professor of Public Affairs, UW-Madison

[Tim Smeeding @TSmeeding]

@LMalloy The southern Asian copy editor does not recognize your holidays

[Tim Smeeding @TSmeeding]

@Econ_4_Everyone Thx John, as the son of a carpenter who never graduated high school during the depression , I worked hard enough and long enough to do well in our trade. Happy holidays. Timm

[Tim Smeeding @TSmeeding]

@cpdurrance @UWLaFollette Absolutely well deserved award
Congrats Christine

[Tim Smeeding @TSmeeding]

@MaxGhenis Higher prices , just what people don’t at the 40th percentile ( or thereabouts) and we are not talking absolutes, just SPM

[Tim Smeeding @TSmeeding]

@IsableJones919 @joncoopertweets Nothing wrong ?? Come on

[Tim Smeeding @TSmeeding]

@jasonfurman Well said, Jason
Would be great to get some idea of the dispersion of price increases. For trance food and gas prices rose in depressed cities, and for low paid blue collar workers

[Tim Smeeding @TSmeeding]

@MichaelRStrain Hey Mike
Talking about reducing the debt is like fixing Social Security. No such words until after the election. Then we see if there are any adults left who can, gasp, raise taxes or cut future benefits. Oy

[Tim Smeeding @TSmeeding]

@JillFilipovic @EnglandPaula USA, USA, USA !!

[Tim Smeeding @TSmeeding]

@EnglandPaula Right on, Paula. Civility and respect for one another

[Tim Smeeding @TSmeeding]

@MichaelRStrain @JDVance Mike !! Do not agree
But at least they are respectful of one another.. the health care issue ?? Come on

[Tim Smeeding @TSmeeding]

@TPCarney @PolicySphere Yo , Tim
The income tax is not the only tax we pay !!
Payroll taxes, sales taxes, property taxes too. The whole system is roughly proportional or a bit regressive

[Tim Smeeding @TSmeeding]

@MichaelRStrain Mike!! The large. Majority of this rise is explained by the rising cost of Medicaid and Medicare which is counted at its market value by CBO

Look deeper in the report to see how much of the income rise is explained by medical benefits alone

[Tim Smeeding @TSmeeding]

@PFallesen @UWMadison @marcyjcarlson @p_fomby Rewards for the patient. Congrats to Marcy, Paula and Peter . Good place to start the thought process too. Onward!!

[Tim Smeeding @TSmeeding]

@MaxGhenis @CenterOnBudget Thanks Max, I stand corrected on the anchored rate.

But this means that the cost increases in work supports, like child care, medical out of pocket expenses , and rental housing costs are what drove up the SPM — just as census reported .

[Tim Smeeding @TSmeeding]

@MaxGhenis Yes but by a much smaller amount
Census made such an estimate of an “anchored” poverty measure. Also see Chris Wimer at Columbia

[Tim Smeeding @TSmeeding]

@TomFornelli Does he want salt and pepper on it? Looks like he will be eating it soon

[Tim Smeeding @TSmeeding]

@ESCoEorg @StephenPJenkin1 @LSEnews @ONSfocus Absolutely great lecture
Well done Stephen

[Tim Smeeding @TSmeeding]

@JohnMullahy Thx John
Happy to chat with interested candidates